Harworth Group (LON:HWG) Stock Crosses Above 50 Day Moving Average - Should You Sell?

Harworth Group plc (LON:HWG - Get Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 176.25 ($2.29) and traded as high as GBX 185 ($2.40). Harworth Group shares last traded at GBX 181.50 ($2.36), with a volume of 191,464 shares trading hands.

Harworth Group Price Performance

The stock's fifty day moving average price is GBX 176.63 and its 200-day moving average price is GBX 158. The company has a debt-to-equity ratio of 13.88, a quick ratio of 1.13 and a current ratio of 2.59. The firm has a market cap of £594.26 million, a PE ratio of 1,213.33 and a beta of 0.74.

Harworth Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 24th. Shareholders of record on Thursday, September 19th were issued a dividend of GBX 0.49 ($0.01) per share. The ex-dividend date of this dividend was Thursday, September 19th. This represents a yield of 0.29%. Harworth Group's dividend payout ratio (DPR) is currently 1,333.33%.

Insider Buying and Selling at Harworth Group

In other Harworth Group news, insider Chris Birch sold 11,804 shares of the firm's stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of GBX 191 ($2.48), for a total transaction of £22,545.64 ($29,272.45). In other Harworth Group news, insider Lynda Shillaw bought 11,245 shares of the company's stock in a transaction on Friday, September 13th. The stock was purchased at an average cost of GBX 178 ($2.31) per share, for a total transaction of £20,016.10 ($25,988.18). Also, insider Chris Birch sold 11,804 shares of the firm's stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of GBX 191 ($2.48), for a total transaction of £22,545.64 ($29,272.45). In the last three months, insiders acquired 11,501 shares of company stock worth $2,046,618. 53.39% of the stock is owned by corporate insiders.

Harworth Group Company Profile

Harworth Group plc operates as a land and property regeneration company in the North of England and the Midlands. The company operates through Income Generation and Capital Growth segments. The Income Generation segment focuses on generating rental returns from the investment portfolio; rental returns and royalties from energy generation, environmental technologies, and the agricultural portfolio; and income-generating streams from recycled aggregates and secondary coal products.